India’s state-run Mangalore Refinery and Petrochemicals Ltd. has made its first purchase of U.S.-produced Thunder Horse crude oil via a tender and the price offered was very competitive for mid-October delivery. Its Managing Director M. Venkatesh said on Friday. MRPL, which used to be Iran’s second-biggest Indian oil client, operates a 300,000 barrels per day coastal refinery in the southern Karnataka state.
This week in the commodity market Gold, Silver and Crude Oil futures contracts closed with gains and losses as follows:
GOLD 10 g” (99.9 Pure)
- In the commodity market last week Gold Aug 2019 futures contract closed at ₹34,206 with an aggregate gain of ₹39 only.
- This week Gold Aug futures contract opens at ₹34,138 on Monday.
- Gold Highest gain ₹399 on Tuesday.
- Gold Highest loss ₹563 on Friday.
- Week last day i.e. Friday Gold closed at ₹34,583 with an aggregate gain of ₹377 only.
SILVER (1 KG)
- Last week Silver July 2019 futures contract closed at ₹37,452 with an aggregate loss of ₹502 only.
- This week Silver July futures contract opens at ₹38,099 on Monday.
- Silver highest gain ₹397 on Tuesday.
- Silver highest loss ₹817 on Monday.
- Week last day i.e. Friday Silver closed at ₹37,316 with the aggregate loss of ₹136 only and full contract also closed on 5th July 2019 itself.
CRUDE OIL (1 BBL)
- In the commodity market last week Crude oil July 2019 futures contract closed at ₹4,095 with an aggregate gain of ₹78 only.
- This week Crude Oil futures July contract opens at ₹4,040 on Monday.
- Crude Oil highest gain ₹36 on Friday.
- Crude Oil Highest loss ₹106 on Tuesday.
- Week last day i.e. Friday Crude Oil closed at ₹3,933 with an aggregate loss of ₹162 only.
